New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-07

Tblrtyibrce railroads now have reported ther gross
s,r,Jncs ,,r N. fourth week in November giving an
aggregate of S3,s15,G15 against Ss'2-o'"lo io '"0
vccl, Of ,sG-a gain OF S597 lO3, or 1878 per cent.
The Chicago. Burlington and quincy hdlH"du
s,.t.n,on, for the month of October shows another
largo decline in the net earnings they were S5ao@o-
less than In October, 1886. The decline IS dno I"
loss of III s52 In gross earnings ana an Increase Va
s344.43O in operating expenses mo cA'i
b ,rpc, to operating expenses during the last threo
,no,tbs August 1 TO October 3l-have entirely wiped
out the gain in net earnings OF the pre'euins sNo"
,nnntbs and made the decrease for ten months s~'-
7e3 The company may continue during 'i' Ici""'"
ing two months Of its iisca year I" charge operating
expenses with the same poport'onate eN'ra"'on"S
exlenditures and yet II its gross earnings are main
taincd at the figures OF November ana pc'cmpor.
lseG. It will carry surplus from the year oi
81 200 600 In excess The requirements for per cont
dividends its stock
Huntsville. New Orleans and Texas Railroads state
mcnt for October gives increase in net earnings Vi
S3o3O3, or 33.4 per cent
The stock market this morning opened III Soou i"'''
An inherent strength was developed which, even III
the prevailing dul ness appalled, operators Tor q uo-
cline so that they held aloof from the spe'ua''o" anu
waited Even the coal stocks exhibited some N'soI ~
II came TO be realized that yesterdays reports oo"-
corning the Presidents message making specific recon-
uenlaions on coal and iron duties were inc lhNch-
tons of all Street clique of bears" 1t was dnI
and !stlcss market, but till after 80 O'Clock the he'
urcs ruled higher than last evenings closing prices
When the synopsis the Presidents message was re-
ccIved its emphatic and rather exaggerated phrases
on the situation Of the Treasury surplus as II exists
and may be were quickly interpreted by the wall
street stripngs as a cry OF distress and they hadc
their Interpret alton effective by free addition 10
their already existing short lines The market be
came more active of the FREQ Offering OF stochs
and prices declined under the pressure. Much ado
WAS made of the Presidents opposition to deposit OF
Government funds In The banks. inasmuch aS ho has
authorized the raising from the old limit OF upper cent
for security on all bonds to 100 for the J.. per
cents and 10 for the per cents for deposits IN Ma
tonal banks and has under that ruling permitted the
cash deposits of the Treasury In National OahS 10
rise frum $4,000 900 TO S42,OOO,OOO IL Is only
logical To SUPPOSE that tho remarks on deposits III
hanks are condemnaory of the project which has been
developcd and strongly urged, that all Government
nancy shall be deposited with the banks without Sc
curty Nevertheless It the forced Interpretation
given 10 the Presidents Recommendation that en-
couraged the late free selling OF Short stocks, ana
marked the lato figures lower than either the opening
or last evenings closing figures. Another FACTOR III
the late dealings the offering down Of tie bonds OF
who once " rs Out is now, closely identified with
Mr. Could Having got short Of few stocks for re-
notion he pounded Missouri, Kansas and Texas Is
sues and Manhattan Elevated stock The market
closed at about the lowest figures but was not weak
Government bonds dun and steady at IN
oh god ntiu